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Emmvee Photovoltaic Power Limited manufactures and sales solar cells, photovoltaic modules, and photovoltaic systems across India and Europe. Its products include TopCon Photovoltaic Module and TopCon Photovoltaic cells. It also executes grid and off-grid photovoltaic power projects on a turnkey basis and operates solar power plants. The company serves independent power producers, entities operating in the commercial and industrial sector, and engineering, procurement and construction service providers in both public and private sectors. The company was incorporated in 2007 and is based in Ben. Track EMMVEE PHOTOVOLTAIC PWR L's live NSE:EMMVEE share price ₹321.30 (+1.16%), market cap ₹₹222B, P/E 17.5. MarketRipple's AI analysis covers the investment thesis, ripple-chain impact, and Technology sector outlook for EMMVEE — real-time NSE India stock intelligence.
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₹319.75
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₹323.00
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₹314.40
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₹317.60
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₹371.55
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₹171.51
Emmvee Photovoltaic Power Limited manufactures and sales solar cells, photovoltaic modules, and photovoltaic systems across India and Europe. Its products include TopCon Photovoltaic Module and TopCon Photovoltaic cells. It also executes grid and off-grid photovoltaic power projects on a turnkey basis and operates solar power plants. The company serves independent power producers, entities operating in the commercial and industrial sector, and engineering, procurement and construction service providers in both public and private sectors. The company was incorporated in 2007 and is based in Ben
Key Takeaway
EMMVEE PHOTOVOLTAIC PWR L is rated strong buy with a P/E of 17.5x — understand the valuation context before sizing a position.
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Because a P/E of 17.5x needs to be compared against sector peers and growth expectations to be meaningful.
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Intelligence Path
Growth
Govt Exposure
Policy Dependence
Execution Quality
News Sensitivity
Debt Strength
1,556 Cr
Revenue
380 Cr
Net Profit
0%
ROE
0%
ROCE
18.39
EPS
| ₹ in Crore | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 605 | 942 | 2,336 | 5,050 | 5,578 |
| Net Profit | 9 | 29 | 369 | 1,082 | 1,274 |
| ROE (%) | — | — | — | 0.0% | 0.0% |
| EPS (₹) | — | — | — | 18.39 | 18.39 |
| Debt/Equity | — | — | — | 9.7 | 9.7 |